The latest news shows that the U.S. Senate has completed voting on the Genius Act, with a final result of 51 votes in favor and 23 votes against, and the bill has successfully passed. This move marks the first time the stablecoin sector will have a clear regulatory framework, with mainstream digital stablecoins like USDC and USDT set to enter a regulated compliance environment. This resolution has far-reaching implications for the entire Crypto Assets market, providing legal protection and regulatory clarity for the future development of stablecoins.
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The latest news shows that the U.S. Senate has completed voting on the Genius Act, with a final result of 51 votes in favor and 23 votes against, and the bill has successfully passed. This move marks the first time the stablecoin sector will have a clear regulatory framework, with mainstream digital stablecoins like USDC and USDT set to enter a regulated compliance environment. This resolution has far-reaching implications for the entire Crypto Assets market, providing legal protection and regulatory clarity for the future development of stablecoins.